Civil construction projects are typically long-term projects with an array of moving parts. Over the course of several months and sometimes years, these parts often change, impacting the project’s budget and leading to cost overruns. This happens as a result of design errors, unexpected site conditions, increases in project scope, weather conditions, engineering changes and more. Nationwide, construction cost overruns average 15% to 25%, and most lenders recommend including a 20% contingency for project budgets. At Cycle Construction, we challenge these statistics and do everything possible to minimize cost overruns for our clients.